The accumulated interest was similar in amount to the total withdrawals.
As we show in the film, some of them actually are repaying what they borrowed, but because of the interest accumulated, cannot in fact pay off their loan balance.
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So we were left with a big deficit when I walked into office, and a lot of accumulated debt, and interest on that debt.
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He added that Warwick had paid back the actual amount of the taxes but not penalties and interest that had accumulated over the years.
Nations felt pressure to quickly repay debts accumulated during the war, but higher interest rates led to lower economic output, which in turn led to more protectionism.
The normal one includes all the interest that must be paid on those accumulated past deficits (of the national debt as it is known).
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In fact, our budget would be in balance today were it not for the interest payments we have to make on the debt that accumulated in the 12 years before I took office.
Years of accumulated deficits, a bank bail-out in 1995, and punishing interest rates have swollen the national debt to a Greek-style 140% of GDP.
The more China sold to the US, the more dollars it accumulated, and thus the more US Treasuries it bought, driving our interest rates down.
The government has been paying interest to the Bank of England for those loans, which has accumulated into a big pot of cash.
And because of lower interest rates, the recently retired who are buying an annuity with their accumulated pension money find the income they are getting from it is far lower than they had hoped.
As they move toward their retirement years, the lifetime of wealth that they have accumulated is showing up in the types of homes they are demanding - and falling interest rates mean that they can afford to buy even more.
"We have high debt accumulated over a lot of years and a lot of that is quite expensive short term, and interest rates can be very high, " said Mr Dervis.
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